1. The Indian National Congress party is staging nationwide protests against Gautam Adani.
2. The demonstrations are being held outside the offices of the State Bank of India and the Life Insurance Corporation.
3. Adani Group was recently accused of stock manipulation, unsustainable debt and tax havens by US-based short-seller Hindenburg Research.
4. The cumulative market value loss of Adani Group has topped $110 billion since the accusations.
5. Protesters are demanding an investigation into the controversy.
6. Congress member Manickam Tagore has called for a Joint Parliamentary Committee to investigate the matter.
7. Parliament has been adjourned due to increased pressure from opposition parties for a joint parliamentary investigation into Adani’s empire.
8. The Adani Group has received billions of dollars in investment from public-sector entities, causing concerns for small Indian investors.
9. India’s Finance Minister Nirmala Sitharaman stated that regulators will handle the fraud allegations against Adani Group without government interference.
10. Shares of Adani Group firms fell further on Monday with Adani Enterprises down 9.50%. Adani has denied the allegations.

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